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406 E South St, Anaheim, CA 92805
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406 E South St Anaheim, CA 92805

$2,525,000 Sold Price as of 03/21/2024
  • 14 Beds
  • 10.5 Baths
  • 6,500 Sq.Ft.
Sold
$2,525,000 Sold Price as of 03/21/2024 Refinance Your Mortgage
Map preview of 406 E South St, Anaheim, CA 92805

Property Overview: 406 E South St Anaheim, CA has 14 bedrooms, 10.5 bathrooms, 6,500 living square feet and 9,148 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: SELLER IS WILLING TO CARRY THE LOAN, Fully occupied 7 units and common area laundry room, all 2 bedroom 1.5 bathroom

Listed by Sossi Gabriel | BRE #01054807 | Nova Realty
Last checked: 9 minutes ago | Last updated: April 24th, 2024 | Source CRMLS | DOM: 103

Home details

Lot Sq. Ft
9,148
HOA Dues
$0/mo
Year built
1985
Garage
13 Car
Property Type:
Apartment
Status
Sold
MLS#
DW23197215
City
Anaheim
County
Orange
Time on Site
190 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Leased Units: 7
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $174,000
  • Net Operating Income: $130,500
  • Gross Operating Income: $43,500
Annual Expense Breakdown
  • Total Operating Expense: $43,500
  • Trash: $1,423
  • Insurance: $3,000
  • Maintenance: $720
  • Professional Management: $7,200
  • Water/Sewer: $3,124

Property Details for 406 E South St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Dryer Included, Gas Dryer Hookup, Individual Room
Room Information
  • All Bedrooms Up, Kitchen, Laundry
Kitchen Information
  • Has Appliances
  • Built-In Range, Disposal, Gas Oven, Gas Water Heater, Microwave
Interior Features
  • 2 Staircases, Balcony, Ceiling Fan(s), Granite Counters, Living Room Balcony, Open Floorplan, Two Story Ceilings
  • Window Features: Blinds, Drapes
  • Security Features: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Lighting
  • Has Fence
  • Block, Excellent Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 13
  • # of Parking Spaces: 13
  • Has Parking
  • Parking Features: Assigned, Carport, Subterranean, Tandem Covered
Lot Information
  • Lot Features: 6-10 Units/Acre, Sprinkler System
  • Lot Size Source: Appraiser
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 7
  • Parcel Number: 03728102
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: Parking
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: El Palacio Condo (ELPC)
  • Directions: E of Anaheim Blvd
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Anaheim Agent

Sale History for 406 E South St

Last sold for $2,525,000 on March 21st, 2024

  • April, 2024

  • Apr 24, 2024

    Date

    Expired

    CRMLS: DW23199121

    $2,699,000

    Price

  • Oct 25, 2023

    Date

    Active

    CRMLS: DW23199121

    $2,699,000

    Price

  • Listing provided courtesy of CRMLS

    Fully occupied, with long term tenants, inside the units are 2 story, common area laundry room, gated back yard area, 13 car parking area, for more information please contact the listing broker Sossi Gabriel 562-622-7700

  • March, 2024

  • Mar 21, 2024

    Date

    Sold

    CRMLS: DW23197215

    $2,525,000

    Price

  • Oct 25, 2023

    Date

    Active

    CRMLS: DW23197215

    $2,699,000

    Price

  • April, 2018

  • Apr 17, 2018

    Date

    Sold

    CRMLS: PW18031362

    $2,300,000

    Price

  • Mar 14, 2018

    Date

    Pending

    CRMLS: PW18031362

    $2,300,000

    Price

  • Feb 21, 2018

    Date

    Active Under Contract

    CRMLS: PW18031362

    $2,300,000

    Price

  • Feb 9, 2018

    Date

    Active

    CRMLS: PW18031362

    $2,300,000

    Price

  • Listing provided courtesy of CRMLS

    *All Two Bedroom Townhouse Style Units, *Built in 1985, * Renovated Units- New Cabinets/Granite, Shower Enclosures, Appliances, Windows, etc., *Incredible Rental Location in Gentrifying Neighborhood, *Brand new Condo Development Across the Street, *Thomas Jefferson Elementary School Next Door, *Minutes from Anaheim Packing District & Anaheim Colony Historic District, *Over 2:1 Parking Ratio

  • April, 2018

  • Apr 12, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,300,000

    Price

  • January, 2018

  • Jan 10, 2018

    Date

    Leased

    CRMLS: PW18004072

    $1,625

    Price

  • Jan 8, 2018

    Date

    Pending

    CRMLS: PW18004072

    $1,625

    Price

  • Jan 6, 2018

    Date

    Active

    CRMLS: PW18004072

    $1,625

    Price

  • Listing provided courtesy of CRMLS

    Under new ownership, this 2 Bedroom 1.5 Bath unit has been upgraded with newer wall mounted microwave. Newer ceramic tile flooring on the lower level along with updated half bathroom, and patio access via newer sliding glass door. Upstairs there is newer laminate wood flooring along with 2 spacious bedrooms, and remodeled bathroom. Bathroom has newer tub and surround, newer ceramic tile flooring, and newer vanity/fixtures with granite counter. Other upgrades include newer vinyl windows, and scraped ceilings. Covered off-street parking, water included in lease. 12 month lease, 1 month security deposit. No smoking or pets permitted. Qualifying income and credit required.

  • December, 2017

  • Dec 11, 2017

    Date

    Leased

    CRMLS: PW17266544

    $1,595

    Price

  • Dec 4, 2017

    Date

    Price Change

    CRMLS: PW17266544

    $1,595

    Price

  • Nov 30, 2017

    Date

    Active

    CRMLS: PW17266544

    $1,625

    Price

  • Listing provided courtesy of CRMLS

    This unit was recently remodeled from top to bottom. Newer kitchen cabinets with granite counters, newer stainless steel gas range and built in microwave. Newer ceramic tile flooring on the lower level along with updated half bathroom, and patio access via newer sliding glass door. Upstairs there is newer carpet along with 2 spacious bedrooms, and remodeled bathroom. Bathroom has newer tub and surround, newer ceramic tile flooring, and newer vanity/fixtures with granite counter. Newer baseboard, paint, windows, and scraped ceilings throughout. Covered off-street parking, water, included.1 month security deposit. No smoking or pets permitted. Qualifying income and credit a must.

  • June, 2016

  • Jun 29, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,410,000

    Price

Show More

Tax History for 406 E South St

Assessed Value (2020): $2,340,984
Year Land Value Improved Value Assessed Value
2020 $1,428,000 $912,984 $2,340,984

Home Value Compared to the Market

This property vs the competition

406 E South St sold on March 21, 2024 for 206.7% higher than the current median sold price for the city of Anaheim which is $880,000. The median sold price per/sqft for Anaheim is $542 and this home is sold at $415.23 per/sqft which puts the price per square foot 23.39% lower than the current median sale per square foot for the city of Anaheim.

About 406 E South St

Detailed summary of property

406 E South St is a apartment that recently sold in Anaheim, CA 92805. This apartment offered 14 bedrooms, 10.5 bathrooms, roughly 6,500 living square feet, and sits on an approximately 9,148 square foot lot. 406 E South St was first listed on ArdentRealEstateGroup.com on October 25, 2023. The homeowner sold the property for $2,525,000. Home in Anaheim are selling for a median price of $880,000 and a median price per square foot of $542. Based on Ardent Real Estate Group's Anaheim Market Data, this home is sold 206.7% higher than the current median priced home. Local homes that are currently for sale include 16172 Malaga Ln, 186 Del Mar Ave and 16052 Waikiki Ln. While the average home in Anaheim, CA is selling in 44 days, 406 E South St has a days on market of 103 days. There are currently 220 homes for sale in the Anaheim real estate market and 133 of them are single family homes while 62 of them are condos and 25 are townhomes. For more information on this home for sale at 406 E South St Anaheim, CA 92805 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 406 E South St

Public county record property details
Beds
2
Baths
1
Year built
1947
Sq. Ft.
724
Lot Size
8,860
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
5
APN
037-281-02

The source for these homes facts are from public records.

92805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$829,275
Median List Price/Sq.Ft.
$558
Median Sold Price
$895,000
Median Sold Price/Sq.Ft.
$540
Total Inventory
54
Median Sale to List Price %
102.99%
Avg Days on Market
21
Loan Type
Conventional (52%), FHA (4%), VA (4%), Cash (16%), Other (24%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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